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Marketed by
SU13 Terminus Road, Eastbourne, BN21 3NW
Use Class
E
Size
1,124 sq ft
Rent pa
£50,000
Market Sector
Shopping Centre
Landlord
Legal & General Investment Management
Description
175,000 sq ft extension is now open totalling to 335,000 sq ft of retail and leisure space arranged over 100 shops and restaurants. A new 8-screen cinema is now open creating a friendly environment for the whole family to enjoy day and night - The Beacon has become a new focal point in the region.
Location
Eastbourne is an historic south coast destination that is home to around 102,000 people and attracts 5.5million visitors each year. The Beacon is the premium shopping centre right in the middle of Eastbourne high street and adjacent to the station, which has links to London and Brighton. The centre hosts 10 million guests per annum which is a 9.5% increase on pre-pandemic footfall. The scheme is anchored by Next, H&M, Primark and M&S. The unit is located near the high street entrance to the mall and is adjacent to Lovisa, Rolex and Chi Restaurant.
Key Information
Viewing
Or our joint agent Time Retail Partners - Lucy McGowan-Scanlon 07392 847 705 lucyms@timeretailpartners.com and Ross McMonagle 07455820088 ross@timeretailpartners.com.
Further Infomation
Terms & Conditions
Under Anti-Money Laundering legislations Lunson Mitchenall are obliged to verify the identity of proposed purchasers / tenants once a sale / letting has been agreed. An AML form will need to be completed by proposed purchasers / tenants once Heads of Terms have been agreed.
Accommodation
1,124 Sq.Ft
The unit provides the following approximate dimensions and net internal floor areas
Additional Contacts
Asset Managers
Downloads
Financial
Lease Type
New Lease
Rent
£50,000 pax.
Costs
Each party is to be responsible for their own legal costs.
Service Charge
The estimated service charge for 2025 is £5,711 pa.
Tenure Detail
Term to be agreed.
Terms & Conditions
Under Anti-Money Laundering legislations Lunson Mitchenall are obliged to verify the identity of proposed purchasers / tenants once a sale / letting has been agreed. An AML form will need to be completed by proposed purchasers / tenants once Heads of Terms have been agreed.
Vat
References to price, premium or rent are deemed to be exclusive of value added tax unless expressly stated otherwise and any offer received will be deemed to be exclusive of VAT.
Business Rates
Rateable Value 2023: £TBA Estimated Rates payable: £TBA Interested parties should verify these figures with the Local Authority.
Sustainability
A certificate is available on request.
This Property is Part of a Shopping Centre
The Beacon
The Beacon is the dominant retail centre in Eastbourne, comprising 500,000 sq ft of prime retail space anchored by Primark, Boots, River Island and Next. The annual footfall is 11m and there are over 1,000 car parking spaces. Other occupiers include an 8 screen Cineworld, Nandos, J Sainsbury’s and M&S. For Viewings please contact Lunson Mitchenall – Matthew Maynard 07764 348 685 matthewm@lunson-mithcneall.co.uk and Sam Mowbray 07930 317 589 samm@lunson-mitchenall.co.uk or our joint agent Time Retail Partners - Lucy McGowan-Scanlon 07392 847 705 lucyms@timeretailpartners.com and Ross McMonagle 07455820088 ross@timeretailpartners.com.
Disclamier
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
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